Arcontech Surpasses Financial Expectations in FY24

Arcontech (GB:ARC) has released an update.

Arcontech Group PLC has announced an impressive financial performance for FY24, with a turnover surpassing market expectations by 4% and adjusted profit before tax exceeding forecasts by 20%, attributed to increased customer product usage and timing of staff costs. The company is set to maintain its financial outlook for FY25 and will share detailed results in September 2024. Arcontech, known for its real-time financial market data solutions, continues to serve top-tier financial institutions and market regulators.

For further insights into GB:ARC stock, check out TipRanks’ Stock Analysis page.